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Murljashka [212]
3 years ago
11

Anders Industries currently holds two debts: and $11,000 debt due in 12 months and a $16,000 debt due in 18 months. Anders prepa

res a classified balance sheet using an 18-month operating cycle. How should these debts be classified?
Business
1 answer:
Verdich [7]3 years ago
4 0

Answer:

Both debts ($11,000 + $16,000), totalled $27,000 will be classified as the Current Liabilities (CL)  in the balance sheet.

Explanation:

Liabilities could be classified or recognized as the current or the long term liabilities on the balance sheet grounded on when they are expected to be satisfied.

Liabilities which are expected to be satisfied within one operating cycle or 12 months, which ever is longer and satisfied by using the current assets are recognized as the current liabilities. And all other liabilities are known as long term liabilities.

Under this case, the operating cycle is 18 months, which is the dividing line among the long and current term. So, both the liabilities are current liabilities as are satisfied within the duration of 18 months.

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Anytown households that earn more than $75,000 tend to buy sports equipment, while households that earn less than $75,000 tend t
Tema [17]

Answer:

an electronics store

Explanation:

This is so because there is more population that earns less than $75,000 and they are people that like to spend their money on buying electronics such as TVs. So a new business dedicated to selling electronics (TVs, computers, mobile phones, and so on) could have a great opportunity with this population. More people would be attracted to visit the shop location or buying online.

Hope this answer helps you :)

Have a great day

Mark brainliest

8 0
3 years ago
Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. S
lana66690 [7]

Answer:

C. Strategic plan

Explanation:

Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.

3 0
3 years ago
Hutter corporation declared a $0.50 per share cash dividend on its common shares. the company has 25,000 shares authorized, 12,0
Sergio [31]
25,000 shares authorized
12,000 shares issued
10,000 shares of common stock outstanding
0.50 per share cash dividend on its common stock outstanding

Declaration of dividends on its common shares.
10,000 * 0.50 = 5,000
                                           Debit        Credit
Retained Earnings                  5,000
             Dividends Payable                   5,000

3 0
3 years ago
There were initially two satellite radio providers in the U.S. market, Sirius and XM Radio. The firms merged to form one firm, a
Delicious77 [7]

Answer: a. The merged firm will operate at higher capacity and may be able to reduce costs through economies of scale and perhaps learning-by-doing, which will benefit U.S. consumers.

Explanation:

A merger occurs when two companies comes together and becomes one. This is done in order to expand the recah of a company, gain a market share, and also expand into new segments.

The plausible reasons for the limited impact of the merger will be because the merger will lead to the operation at a higher capacity which will ensure that there's cost reduction through economies of scale which will be beneficial to the consumers.

7 0
2 years ago
________ company emphasizes its home country culture throughout its operations, and it tends to staff key positions abroad with
photoshop1234 [79]

Answer:

The correct answer is letter "C": An ethnocentric.

Explanation:

An ethnocentric company is the type of organization that promotes the culture of its own culture among employees and focuses on providing local workers with the best opportunities possible so they can be competitive. These firms have a nationalistic approach and have the main goal of contributing to their country's development.

7 0
3 years ago
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